Turn in profits from the first six months of operations. A Well Written Business Plan If you are really serious about setting up a catfish farm, then you should invest in writing a business plan. It will also help you ascertain the best place to site your fish farm, the total cost it would require to set up the farm and also prepare you for the challenges ahead.
These fries are then nurtured fro between three and four weeks into fingerlings which is the size suitable for use in the fish grow-out operation.
Prepare a business plan Make sure to construct a detailed feasibility report of your farm, where you will have details about your capital, expenses, and profit. Furthermore, fish are cold-blooded animals. The ultimate goal of every fish farmer is to grow their fishes to achieve a body weight of 1kg within the shortest possible time.
These can be nurtured for four to five month into grow-out or table size fish suitable for catfish farming business plan and consumption.
If you decide to keep your catfish operation smaller, try targeting direct local customers in your area. The truth is, not all kinds of fish are suitable for farming. Just like any other successful business venture, fish farming necessitates extensive planning, experience and capabilities before setting up.
Fish has a rapid growth cycle; and besides that, fish farmers can make use of special feeds to enhance the growth rate of their fish. There is so much money to be made in aquaculture Tilapia fish farming, catfish farming, shrimp, prawn and lobster breeding ; if done right.
Hire a consultant to help you with your paperwork or permits. You might just be rearing something deadly. The impact of Catfish farming is yet to be felt in the Nigerian economy. This can be achieved by practising spot fishing. Entrepreneurs use other peoples time, i. Know what chemicals are safe to use and how to treat diseases and the water in an eco-friendly manner to treat diseases and pests.
Before you start stocking your fishes, you need to disinfect your pond with an anti-fungi and an anti-bacteria. The mechanism of pumping of water should not fail. Secondly, fish is a source of white meat and is recommended by health practitioners over red meat.
These usually cost about 3, Naira per 15kg bag. Location of farm house. As soon as the pond is dug and developed, you may not be able to undo the work and recuperate the cost. Common causes or failure in catfish farming include over stocking, poor quality feeds, water pollution and bad specie of catfish fingerlings.
In some cases, some fishes may die, and this amounts to financial losses. They can be obtained mainly through hormonal induction or artificial production, but if you prefer producing your own fertilized eggs, you may have to make use of the homoplastic gland suspension.
Being more impressed with harvesting the few large fish rather than looking at the overall picture and appreciating total tonnage at harvest. Larger farms can buy supplies in bulk which saves on overhead costs.
Going in catfish farming involves the following.1). Catfish Farming: This is the most popular aquaculture business in Nigeria, because of the popularity of the breed of fishes grown.
Catfishes are the most common fishery products used in African meals at various households, restaurants, events, hotels, and a lot more. Good day catfish farmer/intending farmer Am here to break down the catfish farming business, because a lot of story surround the business, some are making cool cash, while some are making big lose, some are jumping in the business while some are backing out of the business.
catfish farming business plan download in nigeria Uthman Saheed February 14, Business Plan This is a complete downloadable Catfish Farming Business Plan in Nigeria. Catfish Farming Business Plan in Nigeria / Feasibility Study.
Do you need a catfish farming business plan and feasibility study to start your catfish farming business in Nigeria? Then here is a detailed guide and business plan to starting a catfish business in Nigeria or anywhere in the world.
SECTION III: PRODUCTION AND BUSINESS PLANNING. Chapter 10 – Running a Fish Farm as a Business CHAPTER 10 RUNNING A FISH FARM AS A BUSINESS The objective of commercial fish farming is to produce fish for sale and earn profits.
Therefore, production should be planned from the onset to When making a production and business plan for. Catfish farming is an easy and flexible agriculture based business that can also be profitable.
Farming catfish can be done anywhere if you have a suitable place and you can either take care of the protein needs of your own family or sell it to make more profit.Download